🔑 TOTAL ENTRY FEE: TOTAL CASH PURCHASE $210K

Property Highlights:

• 🏠 Duplex Property: This property is a duplex, featuring two separate units, making it an excellent investment opportunity with strong rental income potential.
• 💰 Great Rental Income: With Section 8 rents being particularly favorable in this area, this property offers a steady and reliable income stream.
• 🛋️ Spacious Layout: The property offers a total of 2,432 sq ft, providing ample living space across both units.
• 🌳 Large Lot: Situated on an 8,700+ sq ft lot, the property boasts a big backyard, perfect for outdoor activities or future expansion.
• 📈 Market Appeal: Properties in this area are in demand, with a competitive rental market ensuring minimal vacancy periods.

School Zone:

• 🏫 Elementary: Vineland Elementary School, highly accessible for families.
• 🏫 Middle School: Vineland Middle School, known for its supportive learning environment.
• 🏫 High School: Vineland High School, offering various academic and extracurricular programs.
• 🌆 Community Appeal: Vineland is a family-friendly community with a range of amenities, including parks, shopping centers, and easy access to public transportation.
• 📈 Growth Potential: The Vineland area has seen steady growth, making it a promising location for long-term investment.

Photos / Videos:

• 📸 HOME JAB LINK: View Property
• 📈 INVESTORLIFT LINK:

COMPS in the Area:

SALES COMPS AND DATES

• 🏡 4 bd | ba 1,784 sqft
  📍 508 Edward Ln, Vineland, NJ 08360
  💲 Sold: $385,000 (06/26/24)
  🔗 Zillow Link

• 🏡 4 bd | ba 3,271 sqft
  📍 945 Magnolia Rd, Vineland, NJ 08360
  💲 Sold: $380,000 (06/03/24)
  🔗 Zillow Link

• 🏡 4 bd | 3 ba 2,157 sqft
  📍 283 Magnolia Rd, Vineland, NJ 08360
  💲 Sold: $350,000 (03/08/24)
  🔗 Zillow Link

• 🏡 5 bd | ba 2,188 sqft
  📍 219 S 7th St, Vineland, NJ 08360
  💲 Sold: $340,000 (06/06/24)
  🔗 Zillow Link

• 🏡 -- bd | ba 2,392 sqft
  📍 1036 Magnolia Rd, Vineland, NJ 08360
  💲 Sold: $325,000 (07/01/24)
  🔗 Zillow Link

• 🏡 -- bd | ba 2,392 sqft
  📍 1002 Magnolia Rd, Vineland, NJ 08360
  💲 Sold: $325,000 (07/01/24)
  🔗 Zillow Link

ZILLOW RENTAL COMPS

• 🏢 890 E Walnut Rd, Vineland, NJ 08360
  🛏️ 3 BED | 🛁 2 BATH | 1240 sqft
  💲 Rent: $2,100/mo
  🔗 Zillow Link

• 🏢 576 W Forest Grove Rd LOT 5, Vineland, NJ 08360
  🛏️ 3 BED | 🛁 2 BATH | 980 sqft
  💲 Rent: $1,810/mo
  🔗 Zillow Link

• 🏢 18 Ewan Ter, Vineland, NJ 08360
  🛏️ 2 BED | 🛁 2 BATH | 1,500 sqft
  💲 Rent: $2,000/mo
  🔗 Zillow Link

CURRENT MARKET DATA LINK:

🔗 Redfin Market Data

• 📅 Average Days on Market: 22 DAYS
• 💲 Median Sale Price: $295K

SECTION 8 Rent Tables (Cumberland County, NJ):

• 🏠 Studio: $1,186
• 🏠 1-Bedroom: $1,216
• 🏠 2-Bedroom: $1,545
• 🏠 3-Bedroom: $2,043
• 🏠 4-Bedroom: $2,112

Feel free to reach out if you have any questions or need further details! 📞📧